Laurus Lab C&H PatternCup & handle pattern
recent high break and sustain level
Moving average in line 20/50/200
RSI above 60 daily / weekly / monthly
expected level 600
support 376
LAURUSLABS trade ideas
LAURUSLAB DAILY CHARTLAURUSLAB DAILY CHART
Ellipse breakout @ 403 Target @ 450-460 Support 380
This stock has witnessed an ellipse breakout @ 403 levels, MOB placed @ 450-460 levels.
Its only an observation & not any suggestion.
LAURAS LABS`This stock is showing strength in daily and weekly timeframe. supported by gud volume and both the key moving average.
SL 349
ENTRY 415
it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
Broadening Wedge pattern breakout in LAURUSLABSLAURUS LABS LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Broadening Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 465+.
✅Can Go Long in this stock by placing a stop loss below 385-.
Laurus Labs LtdSTOPOLOSS AND TARGET IN CHART
HOLD - EXISTING HOLDERS WITH SL
FOR NEW ENTRANTS - WAIT FOR TURNAROUND IN RESULTS
FUNDAMENTALS
Market Cap
₹ 20,918 Cr.
Current Price
₹ 388
High / Low
₹ 418 / 279
Stock P/E
57.9
Book Value
₹ 75.2
Dividend Yield
0.52 %
ROCE
22.2 %
ROE
20.4 %
Face Value
₹ 2.00
Promoter holding
27.2 %
EPS last year
₹ 14.1
EPS latest quarter
₹ 0.87
Debt
₹ 1,808 Cr.
Pledged percentage
0.04 %
Net CF
₹ -38.9 Cr.
Price to Cash Flow
23.7
Free Cash Flow
₹ 141 Cr.
Debt to equity
0.45
OPM last year
25.7 %
OPM 5Year
25.6 %
Reserves
₹ 3,945 Cr.
Price to book value
5.16
Int Coverage
4.22
PEG Ratio
1.68
Price to Sales
4.15
Sales growth 3Years
27.3 %
Profit Var 3Yrs
41.6 %
Swing Trade Opportunity in $NSE:LAURUSLABS
I hope this message finds you well. I wanted to share my swing trade view on NSE:LAURUSLABS with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy.
Holding Time Frame: 90 Days
Entry Point: 368-372
Stop Loss Point : 348
Target Point: 400,420,440
Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Date 22-Nov-2023, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions.
Feel free to reach out if you have any questions or if you'd like to discuss this swing trade view further. Your feedback and insights are always appreciated.
#LAURUSLABS Looking good above 350#LAURUSLABS CMP 371
A hero during the covid run, but an underperformer since 2021 June, charts indicate the pain to be over with 350 area offering very good support. Looking good to add some here. Momentum can kick in above 385 - 390, & later above 450.
Laurus labs Uptrend will continue till the levels of 530Laurus labs will first taret is 440 after breakout of 415 level and after achieving 440 levels it may retrace to the levels of 380-400 and after completing this retracement or consolidation if will take off for the levels of 530.
LAURUS LAB - UPDATEInitiated buy call at 304 in previous idea. Just following up on chart with revised Stoploss...
370 375 will be crucial levels now for Long position....
Stock has potential to touch 600 before January 2024...
Swing Buy opportunity in Laurus LabsEntry: 389
Target: 417
SL: 378
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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looks bright future lauras lab ascending triangle breakout with flag & pole and volume support on daily chart hiher lows in making
LAURUSLABS : Closed the position at a small lossI initiated my position in the stock on November 17th, 2022. Subsequently, I added to the position on December 2nd and December 20th of the same year. With these additions, the total position accounted for about 2.5% of my capital.
However, the market crash persisted, leading me to close the position for tax loss harvesting on March 31st, 2023, at around 296.30. I then re-entered on April 25th at 295.80, a price lower than my exit point.
Now, I'm selling it off at 398.91, which is 5.88% lower than the average holding value. This trade results in a loss of 5.88%, despite holding the position for approximately 9 months.
Nonetheless, this entire experience provided valuable insights, and I successfully executed tax loss harvesting, making the loss worthwhile.
Currently, I don't plan to re-enter this particular stock in the near future, unless I develop a clear conviction regarding its growth prospects at a more favorable valuation.
During this time, I intend to utilize the capital to engage in better opportunities that I have stronger confidence in, as they arise.
looking for a re entry have took one trade already and now it is again in the range of buying from 350 to 380 for a big target as it has taken bounce from .618 ratio on a longer time frame chart it is now supposed to shake all buyers with wild and sharp down moves until 300 is safe no worries will add on all dips but this will give good up move in my sense in 6/8 months after moving in a range from 320 to 420 for sometime
Laurus Lab is in uptrend but correction till 375 -370 possible. Lauras lab is in uptrend at this point of time correction till 375-370 is possible. Exit will be weekly close below 370. Also, one should check weekly close on Friday after 3 PM when weekly candle is about to complete. After correction next target is 442.
LAURAS LAB - Buying Opportunity After giving sell call between 460 to 490 in December 2022...Now looks like Buying is emerging and stock has potentially bottomed out.
Rounding bottom seems to be in progress now with weekly MACD giving buy signal and daily chart is now moving above short term moving averages...
Buy once closes above 310 with closing basis Stoploss of 280 for medium term target of 450 600 by year end...
LAURUSLABS 3rd target !!!NSE:LAURUSLABS shared with all the potential levels including SL,
Now trading @ 3rd target today, Enjoy your profits by book or trail ur SL....
lauruslabs expecting up in coming days.LAURUSLABS are already break of 50ema (weekly candle) in uptrendand i think it going towards 450 range nearly 15% up from current point.
Laurus Labs - Swing trade for 10 to 20% upmove.1) Monthly is reversing from major bottom. 61.8% Fibonacci Retracement of the Previous swing.
2) Weekly has just got into an uptrend with 200 EMA close above weekly candle.
3) Daily is also in an uptrend.
Looks good for a target of 440-450, the demand and supply zones are marked, demand zones are good to buy prices and Supply zones are good to sell prices.
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
LAURUSLABS 2nd Target 🎯🎯NSE:LAURUSLABS shared @ 350 levels including SL and targets....
now trading @ 2nd target 378 !!
Book your profits and enjoy !!
Attached the previous chart for your easy reference !
Lauruslabs share Big Target 440Laurslabs share plot elliot wave analysis .this stock complete 5 wave upside . 5 wave = 1 wave of impulse big time frame . price start downside 2 wave big time frame . 2 wave internal wave a,b,c complete down side . price again go upside wave 3
$NSE:LAURUSLABS BO retested stock !!NSE:LAURUSLABS successfully given BO and retested, showing very good volumes @ Support zone and running towards target.
Potential targets and SL marked for paper trades !!
